Business
HNA Bankruptcy & Restructuring – What’s The Latest? – Simple Flying
One of China’s best-known companies has its back against the financial wall. The HNA Group is a big…
One of China’s best-known companies has its back against the financial wall. The HNA Group is a big name in the airline industry, having grown out of Hainan Airlines. But now, the once big-time conglomerate has entered into bankruptcy amid spectacular claims of multi-billion dollar embezzlement and misappropriation.
HNA Group, the owner of Hainan Airlines, is facing bankruptcy and claims of embezzling funds. Photo: Getty Images
The HNA Group owes around US$110 billion
In late January, the HNA Group…
-
Noosa News22 hours agoNew self-serve style chip shop, Chip ‘n’ Mix, in Noosa becomes an instant obsession
-
General22 hours agoPoliticians asked how to Trump-proof Australia’s fragile economy on Q+A
-
Noosa News24 hours agoPolice hunt man who assaulted two women working at Pizza Hut in Townsville
-
Business11 hours agoshould I buy hedged or unhedged ASX US-focused ETFs?